TechFlow News, April 23: Axe Compute Inc. (NASDAQ: AGPU), a Nasdaq-listed company, announced today that it has signed a 36-month AI infrastructure contract valued at approximately $260 million with an enterprise client. The deployment includes a dedicated cluster of 2,304 NVIDIA B300 GPUs and a high-speed AI storage system, scheduled to go live in Q3 2026 at a Tier 3 data center in the United States. This is Axe Compute’s largest single enterprise contract since its founding.
Axe Compute’s underlying compute infrastructure is powered by Aethir’s decentralized GPU cloud. Daniel Wang, Co-Founder and CEO of Aethir, stated: “This contract is the result of months of deep collaboration between our two teams. Enterprise-grade workloads supported by 2,304 NVIDIA B300 GPUs precisely match the scale we originally targeted when building Aethir’s compute infrastructure. Today’s announcement demonstrates that decentralized GPU infrastructure is now capable of supporting top-tier global enterprise AI workloads. I am proud of the dedication shown by both the Aethir and Axe Compute teams.”
The contract includes dedicated 4.8-megawatt N+1 redundant power supply, with deployment location and service standards specified by the client, and features a structured payment schedule.
Following the announcement, Axe Compute (NASDAQ: AGPU) shares experienced significant volatility, surging over 166% intraday to a high of $14.47. Trading volume for the day exceeded 100 times the average daily volume over the prior three months, reflecting strong market reaction.
